DISH Sheds 12,000 TV Subs in Q3

ENGLEWOOD: DISH Network lost 12,000 net pay-TV subscribers in the quarter ending September 30, compared to the 35,000 additions in the same period the prior year.

DISH closed the quarter with 14.041 million pay-TV subs, compared to 14.049 million at the end of Q3 2013. DISH did add broadband subscribers, though, adding 28,000 to bring its base up to 553,000. However, this is far fewer than its Q3 2013 additions, which were 75,000 broadband subs.

Pay-TV ARPU was $84.39, compared to the year-ago period's $80.98. Pay-TV subscriber churn rate increased slightly to 1.67 percent versus 1.66 percent from the prior year.

Revenue totaled $3.68 billion, compared to the $3.51 billion a year ago. Net income was $146 million, compared to Q3 2013's net income of $315 million.